Conviction Partners is a venture capital firm founded in 2022 by Sarah Guo, focusing on early-stage investments in AI-native "Software 3.0" companies. They typically invest between $1 million to $10 million and are often the first investors in these startups. The firm emphasizes a hands-on approach and leverages a wide and deep network to support its portfolio companies.
Conviction Partners specializes in early-stage investments in artificial intelligence and software sectors. They seek to partner with technical teams that demonstrate velocity and pragmatism in their development processes. Their portfolio includes companies like Baseten, Cartesia, Cognition Labs, and Mistral, among others.
In January 2025, Conviction Partners closed its second fund with $230 million in capital commitments, more than doubling its initial $101 million fund. This expansion coincided with the addition of Mike Vernal, a former Sequoia Capital partner, as a General Partner.
Investment Strategy
Conviction Partners aims to invest early, often as the first investor, in AI-native companies. They provide checks ranging from $1 million to $10 million and focus on partnering with smart, enthusiastic teams that move quickly. The firm leverages its extensive network to actively support portfolio companies, helping founders realize their most ambitious goals.
Notable Investments
Conviction Partners has invested in several prominent AI and software companies, including:
Programs and Resources
Conviction Partners offers several programs and resources to support founders:
